Global Trade
Mexico Plans to Raise Auto Tariffs on Chinese Imports to Support Local Industry
Mexico is preparing to increase tariffs on vehicles imported from China and several other Asian countries to 50%, the highest rate allowed under World Trade...
Rising Tensions Challenge South Korea and Japan’s U.S. Manufacturing Plans
President Lee Jae Myung of South Korea has voiced mounting concerns among business leaders about investing heavily in American manufacturing following recent tensions between the...
Billions Lost as China Turns Away from American Soybeans This Season
U.S. farmers are missing out on billions of dollars in soybean sales to China halfway through their main marketing season as stalled trade negotiations continue...
U.S. Ends Tariff Exemption for Low Value Shipments Changing Trade Rules
The United States has officially ended a long-standing import tariff exemption for packages valued at $800 or less, a change that took effect today. This...
Why US Tariffs Have Not Reduced the Trade Deficit as Expected
The U.S. trade deficit has grown larger since the Trump administration imposed sweeping tariffs on imports, but the relationship between tariffs and the trade imbalance...
Japan’s Chief Trade Negotiator Postpones U.S. Trip, Urges Faster Action on Tariff Deal
Japan’s chief trade negotiator, Ryosei Akazawa, has abruptly postponed a planned trip to Washington that was aimed at finalizing a joint statement on a tariff...
India Faces Major Export Challenges as US Imposes 50% Tariffs
Effective today, the United States has implemented a 50% tariff on goods imported from India, marking a sharp escalation in trade tensions that risks damaging...
DHL Suspends US-Bound Business Parcel Shipments as New Customs Rules Cause Widespread Disruption
If you’ve been shipping products from Europe to the US, you’re about to face an unexpected hurdle. DHL (XETRA: DHL.DE) has just pressed pause on...
U.S. Tourism Faces Historic Decline as Visitor Numbers Plunge
In 2025, the United States tourism industry faces a crisis unmatched in recent memory. What once generated around $200 billion annually has plunged by over...
China Tariffs Deadline Delayed to November and Gold Imports Excluded
President Trump’s decision to push the deadline for higher China tariffs to November 9th adds a little breathing room for importers and markets, and it...
